To The Pointwith Boris Bozic
Commentary, Opinions, Thoughts and Discussion on Current Events, Politics and The Mortgage Industry

1 Comments Bright Lights

Article written by on the 10 Oct 2014 in Business,Canada,Current Events,Merix Financial,New York City,US Politics,World Business Forum,World Events

Just coming back from New York, and I’ll spare you the cliché.  New York – bright lights, the city that never sleeps, blah, blah.  All true, but the bright lights I’m referring to is a select group of loyal supporters of Merix Financial.  We  had the pleasure of hosting a number of mortgage brokers in New York to attend the World Business Forum.  The event is held over  two days and attendees at the conference are leaders and executives from around the world.  The lineup of speakers have diverse backgrounds and experiences.  It’s the diversity of the speakers which provoke thought and critical thinking.  The two day event allowed all of us to exit the echo chamber that we all find ourselves occupying.  That is a critical element of professional development.  Thought provocation forces you out of your comfort zone.

Our invited guests embraced the opportunity to listen and learn from speakers whose subject matter expertise may have appeared to have only a subtle correlation to their daily actives.  But, they came open minded and prepared to see where the experience takes them.  I got a big kick watching our guests as the event evolved.  Here was a small group of people who for the most part were strangers to each other or know by name only.  However, in a short period of time small micro groups were formed to talk about issues that each individual faces each and every day at work.  It’s remarkable how quickly trust was built among the group, and it was a safe environment to say “I got a work problem, and I don’t have an answer”. Assistance and suggestions from peers was immediate, and no one held back for competitive reasons.  I can’t tell you how cool it is to watch a team come together. Make no mistake, this is a team.  As of today they know they can pick up the phone and reach out to one of their peers from across the country to help them solve a problem.  Sometimes business can be overwhelming, but it doesn’t have to be lonely.

In my humble estimation, the event was a success, and here’s why.  First and foremost, our guests wanted to be there.  That was demonstrated by their support of Merix to ensure they were invited. Also, our guests are all focused on building a business, and not just a job. That’s an important distinction. Secondly, Merix set the right expectations.  It was learning first, party second.  Don’t get me wrong, there was time to have fun.  Like the night we all went to Madison Square Gardens for a Fleetwood Mac concert.  Our seats we on the floors and we were swept up by the music and the New York audience.  Even though there was bit of a “generational” gap for some of our guests, all danced, had a few libations, and allowed themselves to be swept up by the event and the masses.  But come 8:30 am the next morning, all were ready to begin a new day.

An extraordinary amount of time and effort is put into planning one of these events.  I can never really be sure if our guests will find a benefit in attending, while leaving their business for a few days.  After the wrap up dinner we hosted on the final night, one of our guests sat next to me and gave me a book.  She wanted me to have the book because she thought I would enjoy the read.  She mentioned that she wrote a note on the inside of the cover but asked me not to read it at the table.  She said she didn’t want to become emotional.  I smiled and said I would respect her wishes.  After three hours of the book being by my side, I finally made it back to my hotel and I read her note on the inside of the cover.  It was heartfelt, genuine and so sincere.  It was right then that I knew the effort in putting this event together was worth it.

So to Gerry, Tim, Scott, Shawn, Karen, Richard, Brenda, Tracey, Sandy, Paul, Sarah, and Elisseos, if you don’t mind…let’s do it again.

Until next time.

Cheers,

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2 Comments Scotland Votes

Article written by on the 19 Sep 2014 in Current Events,World Events

The eyes of the world were on Scotland yesterday. An election took place which would have far reaching effects, well beyond Scotland’s boarders. Everyone waited with baited breath as club secretary Peter Dawson announced that for the first time in the 260 year history of the R&A, The Royal and Ancient Golf Club of St. Andrews, would now permit girls to tee it up with the boys. By an overwhelming majority, 85% of the 2,400 members, voted in favour allowing female members at the R&A, I don’t believe the R&A issued an electronic or a paper press release. My understanding is that press release was chiseled on a cave wall, and members of the press were invited into the cave for viewing. (Read more here)  Oh yeah, there was that other vote in Scotland… You may have heard – Scotland held a referendum whether to secede from the UK.

The polls indicated that it was too close to call. But after all the ballots were counted a majority of Scottish citizens decided to maintain the status quo.  The UK will remain unified, but at a cost. In a desperate attempt to buy Scottish loyalty, UK Prime Minister, David Cameron, made numerous concessions.  The fallout being that both Wales and Northern Ireland will now say, “enough about Scotland, what do we get?”  That will have to be addressed, as well as the fact that 45% of the population wanted to break away from the UK. Scotland is divided, that’s the reality.

Breathing a big sigh of relief is the Prime Minister. If the “yes” vote had triumphed there is little doubt that Prime Minister Cameron would have to resign. If you lose five million citizens and a large swath of land on your watch, you don’t have much choice but to offer your resignation. Cameron dodged a bullet, but now he will have to govern a much different United Kingdom.

There was the tremendous amount of speculation about what would happen if Scotland decided to part from the Union. From financial ruin to Armageddon…it was all bad, and you know what, it worked for the “no” side. What might have also worked for the “no” side is that Scotland lowered the voting age to 16 for this referendum.  Interesting, most 16 year olds I know are not responsible enough to make their bed every day, never mind determining a countries sovereignty. I guess 16 year olds in Scotland are much further advanced intellectually.

Canadian’s know all too well what Scotland just went through. Thankfully there is not an updated play book for separatists in Canada to follow.

Until next time,

Cheers.

 

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2 Comments Cranial Cramps

Article written by on the 05 Sep 2014 in Book Review,Business,Current Events,Merix Financial

The week after Labour Day weekend is not unlike the first week after New Year’s.  It is almost like play time is over, and it’s time to get back to work.  Just driving into work on Tuesday I could feel a difference.  Traffic is always brutal in Toronto, so using traffic as any sort of bench mark is futile.  It’s hard to pinpoint or accurately describe what it is, and without sounding esoteric, there’s an energy level that just seems to be heightened.  Not something you can see, but it’s something you can feel. One place where the heightened energy level manifests itself is between the ears.  The brain goes back to work. 

A great way for me to exercise a lethargic brain is to start reading,  Not just skimming, but actually taking the time to comprehend what’s written.  At times that can be painful.  As an example I’m reading a book now that will probably take me another two years to finish.  The book in question? “War and Peace.”  My God it is a difficult read!  The list of characters is endless, and trying to remember them all is next to impossible.  It doesn’t help that I pick up the book every three months, and plow through another 100 pages.  The main characters are Bezukhov, Bolonsky, Rostova, and the  Kurigan clan, more specifically Natasha and Nikola.  The secondary characters are but a mere 1,000, well, it seems that way to me.  And there’s not a “Smith” in the bunch. So why am I reading” War and Peace?”  Because it’s a challenge, and I can say to myself I finished reading a book which is considered a literary classic.

If you’re looking for a good read, and I can assure you that it’s a quick read, I would recommend the book “David and Goliath”, by Malcolm Gladwell.  I came across the book courtesy of an inspiring entrepreneur,  Sarah Schiess.  Ms. Schiess  works and resides in Saskatchewan, and from my vantage point I see great things for her in the future.  To Sarah, thank you for your thoughtfulness, and for sharing the gift of knowledge.  I won’t get into the details of the book, suffice to say that after reading the book you will challenge conventional wisdom and thinking.  Gladwell is a renowned author, and his books are worth the investment.  Below is a review of the book I found on-line.  A tad wordy, but very well written.

Review: Malcom and Goliath

Until next time.

Cheers,

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0 Comments World Cup 2014: Ouch, That Stung

Article written by on the 25 Jun 2014 in World Events

I’ve been to a number of soccer matches in foreign countries, but nothing compares to the hostile atmosphere I experienced Monday night in Recife, Brazil.  The stadium was awash with green, the colour of the Mexican soccer jersey.  With the Brazilians in attendance supporting the Mexicans, this was like a home game for Mexico.

They were in full voice, and my dad and I were left with no choice but to grimace (sorry, there could be no grin) and bear it. The Mexican fans showed little in the way of imagination, but I have to hand to them, they sure are perseverant.  On every opposing free kick they would wave their hands and chant the same thing over and over again. They start as the player is setting up, and when he kicks the ball they yell out “puto.”  It goes something like this: “Oooooooooooooooooo, Putoooooooo!”

I don’t think there’s a need to provide a definition of the word “puto.”  It’s an international word, the pronunciation being fairly close in Portuguese, Spanish and Italian. Suffice it to say, it’s not nice.  Now, to be fair, Croatian fans have some nasty chants.  But when you’re a thousand, amongst forty thousand in attendance, there’s no getting even.

Being serenaded all night by the Mexican fans, while witnessing a meltdown by the Croatian soccer team in the second half of the game, had me thinking about taking the long journey home a tad early.  The game was puzzling. The Croatian team dominated play in the first half and I got the sense it was just a matter of time before they scored. Yet, for some unknown reason the Croatian coach decided to change tactics and formation in the second half. What a stroke of genius it was. The Croatian players looked totally confused and surrendered 3 goals in a matter of 10 minutes.  Alex, I’ll take “oops” for $1,000. Final score, Mexico 3 – Croatia  1.  Full measure to Mexico.  On this night they were the better team.

The result of the game did not produce an indelible memory of the game itself.  But the experience getting to the game was a highlight.  There were so few Croatian fans attending the game that we became a novelty.  I giggled watching my dad being constantly asked to pose with Mexican fans for a picture.  On the bus, the metro and at the game. It was constant.  I started calling him Hollywood.  He graciously accepted every request for a photo and was happy to do it.

I chuckled at some offers made to me be some Mexican supporters, like the man in the picture wearing a mask. He asked if I would trade my commemorative Euro 2008 cap, from Austria, for his homemade, papier-mâché, Lucha Libre  Mexican wrestling mask. As difficult as the decision was, I respectfully declined.  Or the woman who approached me on the platform at the metro. She wanted to exchange the jersey she was wearing for the one I had adorned.  I had to think that through.  First of all, she was a size minus 3 and I was wearing a jersey that had enough material to make a duvet for a king size bed.  Secondly, I wasn’t feeling the love for Mexican fans.  For 90 minutes during the game you kept calling me a puto, and now you want my jersey?  Thirdly, it was a Mexican jersey! I passed on the offer.

It was a great trip but now it’s time to flip the switch.  I see the condo market is rather buoyant, and prices have increased some 285% in the last three years.  Okay, so I’m referring to the condo market in Recife, Brazil.  Try as might I couldn’t find a single article about a looming condo bust there. No worries, I’ll get plenty of that as soon as I touch down in Toronto.

Until next time

Cheers

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0 Comments Greetings From 2014 World Cup: The Madness of Manaus, Brazil

Article written by on the 20 Jun 2014 in World Events

Unless you’re from this region or a geography major, the likelihood that you’ve heard about Manaus would be somewhat remote – just like it’s location.  It’s an industrial city, in the middle of the Amazon.  How and why this location was chosen to host matches during the World Cup, is a mystery, at least to me it is.   A beautiful new stadium was built specifically for the World Cup in Manaus.  It’s seats forty thousand, and has all the amenities that we’re used to in North America, including beautiful hospitality suites.  But here’s the thing, there’s no local team that plays in the Brazilian top league. Evidently Manaus has a team that plays in the third division, and a few of the locals I spoke to about the future of the newly built monument indicated that hundreds, not thousands, of people attend these games. So what does one do with a brand new shinny stadium in the middle of a jungle?  No one seems to know.  It appears the stadium was built to host four games during the World Cup, period.  In an odd way it’s comforting to know we haven’t cornered the market on wasteful spending.

Here’s what I can tell you about Manaus, it’s not the most aesthetically pleasing city, unless of course you’re into the industrial rough edge look.  The rules of the road? There are none.  It’s amazing to drive around in cabs and laugh, cry and gasp, all in about 30 seconds.  After one ride my dad commented on the size of the tip I gave.  I replied, “We’re alive, it’s worth every penny”.  What the city lacks in looks, it makes up for in its citizens.  They’re also pleasant, and tolerant of us tourists invading their space and city.  I was taken aback by the service levels we received at the hotel.  One evening I was in the restaurant having a look at the menu, while waiting for my father to join me. I was really struggling with the font size on the menu so out comes out my iPhone, and my Flashlight App.  Out of nowhere the waiter appears with a step latter, he climbs it to the top wrung so that he can adjust the track lighting on the ceiling to give me more light so help read the menu. I was somewhat embarrassed, and I said “no, no, no, it’s not necessary”. Unfortunately I didn’t know how to say that in Portuguese, so I shrugged my shoulders and said, “orbigado”, thank you in Portuguese.  He nodded and moved on to serve another customer, the only time the waiter cracked a smile was when he saw the size of the tip I left.  Based on his reaction I may be an honorary family member, not sure, but he said a lot in Portuguese, and he seemed to be really happy.

Speaking of happy, pops and I were overjoyed by the result of the game we went to see.  Croatia 4 – Cameroon 0.  That was a good old fashion spanking.   We both commented that this was the least stressful game we’ve ever watched together.  We know it’s going to be short lived; the next game against Mexico is do-or-die. If Croatia wins they move on, if they don’t, they go home.  Very shortly my dad and I will be heading home, but first we head to Recife, Brazil, a coastal town that that will host the Croatia versus Mexico game.  So, muito obrigado Manaus, and Oi, Recife!

Until next time

Cheers

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